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2021-08-03
When 0?
Nikola Q2 adj. per-share loss 20 cents, beats loss 30 cents estimate
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The project plans to use solid waste byproducts such as petroleum coke combined with biomass to produce clean and sustainable hydrogen. As part of the agreement, Nikola acquired the right to offtake up to 20% of the clean gaseous hydrogen produced at the facility at the anticipated price of less than $1.00 / kg*.</p>\n<p>The offtake agreement with WVR could provide Nikola with approximately 50 tons of hydrogen per day following completion of the plant. This would allow us to supply clean hydrogen in a critical geography.</p>\n<p><b>Closed $300 Million Purchase Agreement with Tumim Stone Capital</b></p>\n<p>On June 11, Nikola entered into a common stock purchase agreement with Tumim Stone Capital LLC (Tumim), obligating Tumim to purchase up to $300 million of Nikola common stock. Under the agreement, Nikola has the right, but not the obligation to sell shares of its common stock to Tumim, subject to certain limitations. Purchase notices may be issued to Tumim over the period commencing from the date of the purchase agreement and ending on the first day of the month following the 36 months anniversary. The shares will be issued at a 3% discount to the three-day forward volume weighted average price (VWAP) from the date a purchase notice is issued.</p>\n<p>This allows us to sell shares to Tumim at our sole discretion and provides us with additional liquidity to execute on our business plan.</p>\n<p><a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a> gained nearly 2% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/3254115a823f409c5268ee517389b121\" tg-width=\"946\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nikola Q2 adj. per-share loss 20 cents, beats loss 30 cents estimate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNikola Q2 adj. per-share loss 20 cents, beats loss 30 cents estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-03 20:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(August 3) <a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a> Q2 adj. per-share loss 20 cents; FactSet loss consensus 30 cents.</p>\n<p>Nikola Q2 per-share loss 36 cents vs. loss 43 cents a year ago.</p>\n<p>Nikola Q2 net loss 143.23 bln vs. net loss 115.78 bln a year ago.</p>\n<p>Nikola expects to deliver pre-series Tre BEVs for use on public roads in 2H2021.</p>\n<p><img src=\"https://static.tigerbbs.com/d1b990352dadc2e9c043eed4021bc904\" tg-width=\"4392\" tg-height=\"1316\" referrerpolicy=\"no-referrer\">\"During the second quarter Nikola continued to pave the way and solidify our place as a global leader in zero-emissions transportation solutions,” said Mark Russell, Nikola's Chief Executive Officer. “We have had continued success in commissioning and validating the Nikola Tre BEVs, completed both our Ulm, Germany and Phase 0.5 of our Coolidge, Arizona manufacturing facilities, entered into a purchase agreement with Tumim Stone Capital LLC for up to $300 million of Nikola common stock, and acquired a 20% stake in the Wabash Valley Resources clean hydrogen project in West Terra Haute, Indiana.”</p>\n<p><b>Business Outlook</b></p>\n<ul>\n <li>Nikola looks forward to achieving the following milestones in the second half of 2021:</li>\n <li>Deliver pre-series Nikola Tre BEVs for use on public roads hauling customer freight;</li>\n <li>Announce additional fleet testing customers/dealers;</li>\n <li>Break ground on our first commercial hydrogen station and/or centralized hydrogen production facility; and</li>\n <li>Announce additional hydrogen infrastructure/ecosystem partners</li>\n</ul>\n<p><b>Acquired 20% Interest in Wabash Valley Resources</b></p>\n<p>On June 22, Nikola acquired a 20% equity interest in Wabash Valley Resources LLC (WVR), a clean hydrogen project being developed in West Terra Haute, Indiana in exchange for a $54.1 million cash and stock consideration. The project plans to use solid waste byproducts such as petroleum coke combined with biomass to produce clean and sustainable hydrogen. As part of the agreement, Nikola acquired the right to offtake up to 20% of the clean gaseous hydrogen produced at the facility at the anticipated price of less than $1.00 / kg*.</p>\n<p>The offtake agreement with WVR could provide Nikola with approximately 50 tons of hydrogen per day following completion of the plant. This would allow us to supply clean hydrogen in a critical geography.</p>\n<p><b>Closed $300 Million Purchase Agreement with Tumim Stone Capital</b></p>\n<p>On June 11, Nikola entered into a common stock purchase agreement with Tumim Stone Capital LLC (Tumim), obligating Tumim to purchase up to $300 million of Nikola common stock. Under the agreement, Nikola has the right, but not the obligation to sell shares of its common stock to Tumim, subject to certain limitations. Purchase notices may be issued to Tumim over the period commencing from the date of the purchase agreement and ending on the first day of the month following the 36 months anniversary. The shares will be issued at a 3% discount to the three-day forward volume weighted average price (VWAP) from the date a purchase notice is issued.</p>\n<p>This allows us to sell shares to Tumim at our sole discretion and provides us with additional liquidity to execute on our business plan.</p>\n<p><a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a> gained nearly 2% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/3254115a823f409c5268ee517389b121\" tg-width=\"946\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKLA":"Nikola Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124644819","content_text":"(August 3) Nikola Corporation Q2 adj. per-share loss 20 cents; FactSet loss consensus 30 cents.\nNikola Q2 per-share loss 36 cents vs. loss 43 cents a year ago.\nNikola Q2 net loss 143.23 bln vs. net loss 115.78 bln a year ago.\nNikola expects to deliver pre-series Tre BEVs for use on public roads in 2H2021.\n\"During the second quarter Nikola continued to pave the way and solidify our place as a global leader in zero-emissions transportation solutions,” said Mark Russell, Nikola's Chief Executive Officer. “We have had continued success in commissioning and validating the Nikola Tre BEVs, completed both our Ulm, Germany and Phase 0.5 of our Coolidge, Arizona manufacturing facilities, entered into a purchase agreement with Tumim Stone Capital LLC for up to $300 million of Nikola common stock, and acquired a 20% stake in the Wabash Valley Resources clean hydrogen project in West Terra Haute, Indiana.”\nBusiness Outlook\n\nNikola looks forward to achieving the following milestones in the second half of 2021:\nDeliver pre-series Nikola Tre BEVs for use on public roads hauling customer freight;\nAnnounce additional fleet testing customers/dealers;\nBreak ground on our first commercial hydrogen station and/or centralized hydrogen production facility; and\nAnnounce additional hydrogen infrastructure/ecosystem partners\n\nAcquired 20% Interest in Wabash Valley Resources\nOn June 22, Nikola acquired a 20% equity interest in Wabash Valley Resources LLC (WVR), a clean hydrogen project being developed in West Terra Haute, Indiana in exchange for a $54.1 million cash and stock consideration. The project plans to use solid waste byproducts such as petroleum coke combined with biomass to produce clean and sustainable hydrogen. As part of the agreement, Nikola acquired the right to offtake up to 20% of the clean gaseous hydrogen produced at the facility at the anticipated price of less than $1.00 / kg*.\nThe offtake agreement with WVR could provide Nikola with approximately 50 tons of hydrogen per day following completion of the plant. This would allow us to supply clean hydrogen in a critical geography.\nClosed $300 Million Purchase Agreement with Tumim Stone Capital\nOn June 11, Nikola entered into a common stock purchase agreement with Tumim Stone Capital LLC (Tumim), obligating Tumim to purchase up to $300 million of Nikola common stock. Under the agreement, Nikola has the right, but not the obligation to sell shares of its common stock to Tumim, subject to certain limitations. Purchase notices may be issued to Tumim over the period commencing from the date of the purchase agreement and ending on the first day of the month following the 36 months anniversary. The shares will be issued at a 3% discount to the three-day forward volume weighted average price (VWAP) from the date a purchase notice is issued.\nThis allows us to sell shares to Tumim at our sole discretion and provides us with additional liquidity to execute on our business plan.\nNikola Corporation gained nearly 2% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":368,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/807915353"}
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